I am aware of 1031 but wondered if I can just cash out without purchasing new property.  

Purchase price: $115,000 Cash invested: $42,000 Sale price: $168,000 Unfortunately, we bought this property as a buy and hold property, and our research led us to believe that this neighborhood was up and coming not in a bad area of Jacksonville.

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I am in the Single Family Investment space so if you ever wanted to chat about that feel free to message me! 

Financially free always betas debt free, and taking on more "smart" debt is not only opposite of risky but actually the goal for the most seasonal investors.  

If the property cash flow starts in 2024, personal usage is not that impactful.Talk to your CPA if renovation counts as QIP for bonus depreciation.

Good luck The eviction notice was property being sold and placed off the rental market.they have been given the two month rent free to help them move.but that all I know i was going to hire a property manager to over see the duplex but with tenants already don’t know if I can

To get started, define your investment strategy, run cash flow and ROI calculations, network with local investors, and explore financing options like DSCR loans or HELOCs.Good luck!

But if you can secure one with solid terms, it could be a great way to access capital while keeping the rental.If you believe in 28277’s continued appreciation (and I do), I’d lean towards holding the rental, increasing rents through strategic upgrades, and leveraging equity via a HELOC or cash-out refinance if the terms make sense.

I listed my property for free in Macon, GA and they've been connecting me with tenants who want to Airbnb.